Cousins Properties Declares Fourth Quarter Preferred Stock Dividends

 ATLANTA, GA-- Cousins Properties Incorporated (NYSE: CUZ) announced that its Board of Directors has declared a regular quarterly cash dividend on its Series A Cumulative Redeemable Preferred Stock.

The dividend of $0.484375 per share, or $1.9375 on an annualized basis, is payable November 15, 2011, to Series A preferred stockholders of record on November 1, 2011.

The Board of Directors has also declared a regular quarterly cash dividend on its Series B Cumulative Redeemable Preferred Stock. The dividend of $0.46875 per share, or $1.875 on an annualized basis, is payable November 15, 2011, to Series B preferred stockholders of record on November 1, 2011.

The Company also announced that it expects to declare its regular quarterly common dividend in mid-November 2011, to be paid in late December 2011. The timing of the fourth quarter 2011 common dividend is consistent with the Company’s historic practice for all cash dividends.

Contact: Cameron Golden, 404-407-1984

Director of Investor Relations and Corporate Communications

camerongolden@cousinsproperties.com

http://www.cousinsproperties.com/